• 1,011sqm (more or less) landholding
• 110sqm (approx.) dwelling configured as a one-bedroom and two-bedroom unit
• Previously approved resource consent for a multi-unit development (now expired)
• Holding income from residential tenancies
Combining immediate income, development potential, and a strategic location, this slice of Frankton real estate is well worth eyeing up.
The substantial 1,011sqm (more or less) landholding, paired with an approximate 110sqm dwelling, presents a compelling opportunity for investors, developers, or land-bankers seeking scale and location. Resource consent for a multi-unit development was previously approved (now expired), highlighting the site's clear capacity for intensified use, with strong potential for reapproval or redesign.
Meanwhile, the existing dwelling - configured as a one-bedroom and two-bedroom unit - provides stable holding income or interim use while future plans are explored.
Surrounded by the prominent industrial suburb of Frankton and advantaged by easy access to State Highway 1C and key Hamilton arterial routes, the location is outstanding and rental demand is strong.
Contact sole agent, Willem Brown, for further information or to arrange a viewing.
